Financial / Credit Risk Related Acronyms
ACPM Active credit portfolio management
EAD Exposure at default
EL Expected loss
ERM Enterprise risk management
LGD Loss given default
PD Probability of default
KMV quantitative credit analysis solution developed by credit rating agency Moody's
VaR value at risk, a common methodology for measuring risk due to market movements
Read more about this topic: Financial Risk
Famous quotes containing the words financial, credit, risk and/or related:
“What people dont realize is that intimacy has its conventions as well as ordinary social intercourse. There are three cardinal rulesdont take somebody elses boyfriend unless youve been specifically invited to do so, dont take a drink without being asked, and keep a scrupulous accounting in financial matters.”
—W.H. (Wystan Hugh)
“The most threatened group in human societies as in animal societies is the unmated male: the unmated male is more likely to wind up in prison or in an asylum or dead than his mated counterpart. He is less likely to be promoted at work and he is considered a poor credit risk.”
—Germaine Greer (b. 1939)
“The risk for a woman who considers her helpless children her job is that the childrens growth toward self-sufficiency may be experienced as a refutation of the mothers indispensability, and she may unconsciously sabotage their growth as a result.”
—Letty Cottin Pogrebin (20th century)
“There is nothing but is related to us, nothing that does not interest us,kingdom, college, tree, horse, or iron show,the roots of all things are in man.”
—Ralph Waldo Emerson (18031882)